Studio City International Holdings Limited (NYSE:MSC – Get Free Report)’s stock price rose 7.4% during mid-day trading on Tuesday . The company traded as high as $6.50 and last traded at $6.50. Approximately 1,677 shares were traded during mid-day trading, a decline of 71% from the average daily volume of 5,765 shares. The stock had previously closed at $6.05.
Studio City International Stock Up 8.1 %
The stock has a market capitalization of $724.11 million, a price-to-earnings ratio of -14.22 and a beta of -0.42. The business’s 50-day moving average is $6.38 and its two-hundred day moving average is $6.48. The company has a quick ratio of 0.97, a current ratio of 1.01 and a debt-to-equity ratio of 3.19.
Studio City International (NYSE:MSC – Get Free Report) last released its quarterly earnings data on Tuesday, November 5th. The company reported ($0.11) EPS for the quarter. Studio City International had a negative net margin of 14.46% and a negative return on equity of 12.84%. The business had revenue of $174.63 million during the quarter.
Institutional Investors Weigh In On Studio City International
Studio City International Company Profile
Studio City International Holdings Limited operates an entertainment resort in Macau. It operates Studio City Casino, comprising gaming tables, including tables for VIP rolling chip operations and gaming machines; and resort, which offers various non-gaming attractions, including figure-8 ferris wheel, night club and karaoke venue, live performance arena, and an outdoor and indoor water park, as well as hotel rooms and various food and beverage establishments, and retail space.
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